CFE 0.00% 0.2¢ cape lambert resources limited

Ann: Successful Completion of Due Diligence on Zambia Project, page-6

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  1. 784 Posts.
    lightbulb Created with Sketch. 193
    Excellent result here and adds to the portfolio of potential assets.

    So the irons in the fire are
    Cobalt play - extended to include additional tailings.
    Lithium - Trading halt on EUR for fund raising - waiting for the Cobalt one to be announced.
    Iron Ore - Price crash puts this back into the worthless bucket.
    Legal action - Trying to reclaim $12M USD , tenuous at best.

    By bet is that TS will bundle and sell once an Offtake agreement can be reached - hopefully he is not pricing it out of the market. We dont want another Marampa.
 
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